Nice one. Yes remember reading about this one many years ago. There is even a Material Safety Data Sheet you can find on the web for Dihydrogen monoxide, also known as Hydric acid. :-) sounds even scarier...
See link for MSDS. http://www.dhmo.org/msds/MSDS-DHMO-Kemp.pdf

Has a caution that prolonged exposure can cause temporary wrinkling of skin.. lol